Dogs without English are vulnerable and Pittonet should cleanup the kid Emmett in the ruck. Don't get the odds on the game either, Dogs have struggled recently and rely heavily on Bont to be BOG every game. Players know now it's judgement time and careers are on the line moving forward and I expect a sugar hit lift for this game and give us a good chance vs a flaky Dogs lineup.
the odds reflect that we dont want to win and we are likely to continue imploding.
Thry mentioned supply and demand....which is the key to all things economic.
In terms of housing though, its not the lack of housing, its the cost. Its too high to buy a house....and/or land. So if you drop the price so that people entering the market can afford something, investors who have some coin to play with look at buying a 2nd, 3rd, 46th property. So the price is increased and 1st home buyers miss out again.
You need to increase the 1st home buyers grant to a point where it is significant in helping people get into the market.
Maybe the paid pensions to ex prime ministers can fund it:
Yeah lets retire players early again, that will make players want to come to us and we can cut their careers short too!
Okay then, let's perservere with serial offenders who should be in a retirement village.
We have a gaggle of young players on the list who we genuinely don't know if they are worth keeping or not. The only way to find out is by drop-feeding them through the seniors and see how they respond.
And if you are concerned about what effect that may have on our chances of winning a game, then have a look at the current win/loss columns on the ladder, we are third last with one solitary win against the bottom tean by a mere 4-points.
We have played all of the old coots all season and look where that has got us.
FMD, an interim coach is not going to magically turn us into a raging finalist overnight.
As for players not wanting to come to the club ............ BFD, we are going to the draft first off, they have no say in it. As for potential trades, if they don't want to come, once again, BFD !!
Down the track when we are a threat again, we will remind them how they knocked us back as we bury them into the turf.
What has been our number 1 issue?
Culture.
Retiring blokes ahead of time, trading blokes for shiny new objects, simply creates the next batch of people who do a Jack Silvagni, Tom De Koning and Charlie Curnow.
WE as an organisation, need to prove that this is not a place for careers to come and die.
Derksen kicked 5.2 on the weekend whilst Kemp eked out 0.1.
Most people are completely missing the point here, winning games now is totally irrelevant, we are not going to make finals anyway.
However, what can be salvaged from this trainwreck is a clearer picture of what we have on our playing list.
There are 19-20 players out of contract this year (thanks Nick Austin) meaning that there should be some heavy axings, but who ??
It is imperative that we give some senior games to other players on the list to ascertain who genuinely has a future and who hasn’t.
Besides, we are going nowhere with Saad, Williams & Haynes and they are three of the out of contract guys.
Lets use the remainder of the season as a part building block for the future instead of doing the same crap we have done thus far this season with the same non-performing players.
Yeah lets retire players early again, that will make players want to come to us and we can cut their careers short too!
Thry - so what are investors having a whinge about if it is that easy to get around the changes? May have property as security, but still need cashflow if it is in a loss making position...
Yeah, daft about the tunnel boring machine at $7,500, but not as daft as hiring consultancy firms to create and implement policy instead of a permanent workforce that will also create internal IP.
If rego was 500 in 2006 - CPI would have it at $915. I paid $935 this year - not sure what that issue is?
My biggest concern about 'cost of living relief' measures is that they aren't structural savings - people get used to them and then whinge when they are taken away because they can't be afforded anymore.
So currently, the only solution to reduce house prices is a recession?
The investors that can least afford it are the ones impacted.
Also something else, the more you look through the rules, its about optics and grabbing tax dollars for the government. There are still mechanisms around, but what I forsee is that people are just going to hold onto their properties, they will borrow against them ensuring they never make a profit on it, and then they wont pay CGT at all, and use it to purchase other assets.
Successfully de-incentivising property hitting the market at all, and also increasing competition for acquisition in more assets, and these people have a leverage advantage. They have an asset to borrow against. Less risky, means more competitive loans, and more money to invest.
Its like the AFL. They bring in rules, and then have impacts they dont forsee.
I don't disagree, Thry, but government policy from 2000 has contributed enormously to the overly inflated prices.
Government policy of making housing an attractive investment (eg through capital gains discounts, being able to borrow to invest through super fund structures) has done a huge amount of damage.
A large correction in housing prices would be debilitating in Australia, particularly if people couldn't afford their mortgages, as if they sold, they would still be paying a mortgage on top of what they would then need to pay to rent/buy elsewhere.
Supply/Demand - if investor demand is diminished then owner/occupiers have less competition, a dampening (rather than correction) will assist in owner occupiers? Investors may still be interested, but would need the cashflow to support the investment.
Property developers wouldn't be affected, as it is a business, not an investment - so tax as a company, not a capital gain?
From where I sit, government spend contributes more to inflationary pressure than anything else. The governments keep borrowing money to continue spending, and they need to reign that bit in.
Not all of it, but stuff like painting art on the tunnel boring machines building infrastructure programs. Sure, its indigenous art, and it comes from funding for them, but what is the purpose of painting art on a tunnel boring machine? 1. It will get damaged whilst doing the job. 2. You bet they spent millions on it, for it to remain largely under ground and not in sight of anyone.
Its not just that, chalmers said $250 back in everyones pockets as a result of tax reform. Yay, its a weeks groceries. $200 coming off your rego too. Yay... It still costs 1k when it was only 500 20 years ago, this is like giving us back cents after taking dollars off us, and they spend money like its confetti.
My understanding is that there is a hybrid method of grandfathering which will be a little complicated, with assets needing to have a valuation on or around 1 July 2027.
Current CGT is 50% discount then taxed at marginal rates. Using a capital gain of $100k on a property:
if you are in the top bracket (47%) - discount $50k, tax @ 47% = 23.5k If you are in the 35% bracket - discount$50k, tax @35% = 17.5k
These taxed gains are offset by deductions already claimed for negative gearing.
With flat rate of 30% less CPI - it gets more complicated to work out, but if we say bought for $500k, sold for $600k, CPI was a constant 3.5% for five years of holding the asset:
Cost Base goes to $593k - which gives a $7k Gain taxed @ 30%?
Taxing discretionary trust distributions at a flat 30% is also interesting. There are many who use it as pure tax minimisation/rort because they can (eg child is 19 and is given a distribution of up to the 35% bracket, which decreases the distributions required to the highest earning trustees, often in the family - pure rort), but also understand that some are used in a genuine manner to distribute to those that need it. It may affect small business that genuinely operate in a way that family don't draw a wage, but rely on the distributions instead.
What is the solution to housing affordability proposed by those that are against this? All I have heard is reduce immigration (which the wider ranging effects are fairly complex)
In terms of Private Health rebates for seniors, I'm not really sure about this. While rules have changed and just using my parents as an example - the last few years of dad's work before retiring, he could package all his salary to super and then draw a tax free pension. He hasn't paid any income tax or medicare since he was about 62 - over 20 years ago. I can see the impact of removing the rebate, but don't really understand how to feel about it...
There needs to be change to NDIS - it has blown out, with claims for frivolous, tenuous things to inflated costs for specialists - it has unfortunately been subject to rorts and 'mission drift'. Needs to be reigned back in.
Alternatives? There are none, unfortunately. We desperately need a viable alternative.
The housing affordability issue is as simple as follows:
We live in a hyper inflated environment. A recession is the answer to that, but no one REALLY wants one and the government is doing everything it can to prevent one. The reasons behind is that it will hurt more than it will help in the short term and that means that they will be voted out. We have kicked the can so far down the road on one, we are actually going to have a worse one when we finally bite that bullet and experience one.
So what happened? People bought assets that appreciate as a store of wealth. Banking interest cant beat inflation, and nor do they want to. The growth in the cost of homes doesn't perfectly reflect inflation over time, but it costs a lot to service a loan on a property, premium property in premium suburbs fetch premium pricing, and the equation there is, there is no way to make more premium property locations. So put whatever CGT, negative gearing rules you want to around property, but as a store of wealth with appreciation, you cant beat property in a premium location i.e. inner city suburbs. This is not solely a problem here in Aus, places like Lisbon and Athens are the same, where the average wage is much lower than here, but an apartment in the inner city will cost you upwards of 400 000 euro. CGT, and Negative gearing is a furphy, the property price equation is a premium property will fetch premium price, in a premium location. Always has been the case. What was a million dollars back in the 90's in Toorak, is 10s of millions today, vs what was 200k in Box Hill, which is worth about 2 million today. Both have increased 10 times in value, and neither has anything to do with tax law but the greater economic climate. This leads me to why those rules are problematic. 1. They only hurt the very people they are aiming to help. 2. It looks like a cash grab by the government that will likely lead to more expensive rates to cover increases. I.e. Why would I service a debt at cost, when I can service it at no cost considering I will then get penalised for any gains in line with inflation? So change the rules, it wont change the purchasing of property.
Supply vs Demand is the equation.
We have a limited supply, and an increasing demand. That's an equation for an increase in prices over time, particularly when combined with inflationary pressures in the economy. I know people who develop property. They wear all the risk of building it, all the cost of building it, and now they are going to pay a bunch of tax on their gains afterward which will make the heartache of doing it perhaps not worthwhile doing, although they will continue, perhaps at a slower rate. Will this lead to fixing the supply problem? Not likely.
So what to do.
I don't have the answers, but having purchased property, and thought about developing one, without contacts, its an expensive and risky proposition that will ruin me if it goes wrong. No one is gonna be there to help me out if it goes pear shaped, Ill wear all the risk, but the gains are gonna be socialised.
I missed something here earlier. Post edit:
Boomers bought property in the then city fringes. The appreciation of the value in property is the issue. My grandparents bought in Hawthorn when it was undesirable. They sold it and bought in donvale a bit later, and when the girls got married (mum and my aunty) they sold donvale, and bought 3 homes in burwood/burwood east. 1 for mum. 1 for aunty. 1 for them. They moved in with mum initially and lived with us, until 1993. I was born in 82.
At the time, Burwood east was an upcoming city fringe suburb surrounded by farmland, a bit like Cranbourne today. It was just much closer because our city was smaller.
Geez, a lot of oldies getting cut up by the taxes changes, I don't understand it.
I don't understand why where I live I'm surrounded by properties kept vacant by retirees / semi-retired who own them as investments or holiday homes and refuse to rent them out. I don't get why they can't be put to use at least as rentals. Few even seem to have kids who visit the place.
I don't get why they want them when all they seem to do is roll up on weekends and spend 2 days cleaning and gardening only to feck off Sunday night back to their city apartment. And if they don't roll up they are paying some local gardener or handyman to do it for them.
When they do arrive down for the weekend, they spend 48hrs moaning that the local region has no amenities, it's the council's fault apparently, because the shops, cafes and restaurants can't survive on their weekly 48 hrs of patronage. Some of them don't even bring the patronage, they roll up with supplies brought with them from the weekday local favourites, and they still complain.
They complain about council plans to bring in parking fees, abhorrent, apparently owning the property means they have the right to park the Tesla freely wherever they like, after driving down the freeway without paying a cent towards the upkeep of the roads. Don't mention the fact that when they return they probably park in a spot leased of Wilson Parking, which the probably sub-let at weekends to the footy or cricket crowd.
All of this to save some tax, in fact anything to save some tax it seems, at least they'll die wealthy though!
It's a financial win but an existence loss, they might as well sell the property and get back the 28% of their time that they have lost, 28% of your life seems a cheap buy at the tax rate!
The oldies are upset because that political snake Albo lied pre election, has no interest in intergenerational wealth but is making a cash grab and giving it out to young labor voters/ incoming migrants to shore up the next election result. Cutting the health insurance rebate for oldies who use and need the system more will only have them ditch private insurance and burden the public system. The investment money and proceeds from trusts he wants to tax will all disappear out of the country or into other tax avoidance schemes and middle Australia will disappear as the top 1% of wealth earners continue to pay no tax... If you are 60 plus, disabled on the NDIS, own your own home then Albo wants you under the next bus...
You know a lot of the people around me, and younger bought where they could afford, and decided to rent where they wanted to live in their 20's.
Does this contribute to rising rents? Maybe, but it also allows them to claim a tax deduction in the bottom end of their earning years (when they first join the work force).
Lets not pretend they are paying oodles of tax to claim back either. Most starter wages for these professionals, are 60k, and they dont jump significantly in the first 5 years. So if they pay 10k in tax, and then use interest on an investment property to offset that whilst perhaps renting at home, they get probably a net benefit of all of 3k a year over anyone else.
Meanwhile, thats one less landlord renting a property out at the bottom end of the market, which usually meant, older, and more repairs required too. You cant claim back, what you dont pay.
Its a government cash grab from this end. The ones who most need those benefits. They arent buying and building a new build house and land either, they are buying older units.
Lemmey had 1 game where he kicked 7, with is the '1 game' Lods was referring too. However, from the 16 games he played in 2025, he managed 31 goals (1 goal short of 2 goals a game). Thats an upgrade on anything we have currently, and hardly 'one-game'.
But yes, instead we train a guy up as backmen, then try and turn him into a forward.....who hasn't got as many runs on the board.
Who was training him into a backman then played him as a forward? Wouldnt be our head coach would it.
Of course not
actually Kingsley did it first we just pick him up as we needed a mature aged for both ends and shopped at the bargain bin.
Blaming the coach for shifting the magnet he was given is a bit myopic.